v3.26.1
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Preferred Stock [Member]
Series B Preferred Stock [Member]
Preferred Stock [Member]
Series C Preferred Stock [Member]
Preferred Stock [Member]
Series D Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Other Comprehensive Income [Member]
Accumulated Deficit [Member]
Balance, shares at Dec. 31, 2024   2,600,000 10,675 400 125,203,405      
Balance at Dec. 31, 2024 $ 505,057 $ 26 $ 0 $ 0 $ 1,252 $ 1,139,363 $ 312 $ (635,896)
Net income 7,539             7,539
Issuance of stock, shares         12,802      
Issuance of common stock (Note 10(g) 16       $ 0 16    
Issuance of restricted stock and compensation cost, shares (Note 10(h))         2,000,000      
Issuance of restricted stock and compensation cost (Note 10(h)) 5,270       $ 20 5,250    
Stock repurchased and retired, shares (Note 10(e))         (11,442,645)      
Stock repurchased and retired (Note 10(e)) 23,048       $ (114) (22,934)    
Dividends on Preferred Stock ($1.109375 per share) (Note 10(b)) (2,884)             (2,884)
Dividends on Common Stock ($0.02 per share) (Note 10(f)) (2,316)             (2,316)
Other comprehensive income 3,208           3,208  
Balance, shares at Jun. 30, 2025   2,600,000 10,675 400 115,773,562      
Balance at Jun. 30, 2025 492,842 $ 26 $ 0 $ 0 $ 1,158 1,121,695 3,520 (633,557)
Balance, shares at Dec. 31, 2025   2,600,000 10,675 400 115,787,434      
Balance at Dec. 31, 2025 502,413 $ 26 $ 0 $ 0 $ 1,158 1,126,049 3,648 (628,468)
Net income 49,908             49,908
Issuance of stock, shares         876,267      
Issuance of common stock (Note 10(g) 2,040       $ 9 2,031    
Issuance of restricted stock and compensation cost, shares (Note 10(h))         7,750,000      
Issuance of restricted stock and compensation cost (Note 10(h)) 3,918       $ 77 3,841    
Dividends on Preferred Stock ($1.109375 per share) (Note 10(b)) (2,884)             (2,884)
Dividends on Common Stock ($0.02 per share) (Note 10(f)) (2,480)             (2,480)
Other comprehensive income (1,463)           (1,463)  
Balance, shares at Jun. 30, 2026   2,600,000 10,675 400 124,413,701      
Balance at Jun. 30, 2026 $ 551,452 $ 26 $ 0 $ 0 $ 1,244 $ 1,131,921 $ 2,185 $ (583,924)